MarvinMartian

Bitcoin to test support levels by October

BITSTAMP:BTCUSD   Bitcoin / Dollar
I keep seeing people use the log scale on prices...

and then read them wrong!

You switched to log, but then you're leaving your thinking in linear.

Log scale for BTC             is even worse than proportional/linear.

But still shows trending toward mid to low 400's as the { dust settles, air is let out, steam is let off, people stop caring because it's not in the news cycle anymore}
looks like a huge bull-flag starting nov13 for me ;)
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We have one last chance. If this very weak and tiny bounce of 560 fails to grow into an uptrend that breaks past 6XX we are finally going down and it's game over this year for Bitcoin. In that case I agree we are going to see 450 or much lower. But for the next hours I hope we finally turn this ship around.
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